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Inflation Data Deflate Stocks at the Open

Stock quotes in this article: WMT , URBN , BUD , XHB  

Updated from 8:59 a.m. EDT

U.S. stocks opened lower Thursday as the release of demoralizing inflation numbers, a rising home-foreclosure rate and a high unemployment number threw cold water over investor sentiment.

The Dow Jones Industrial Average slipped 40 points to 11,493, and the S&P 500 fell 6.5 points to 1279. The Nasdaq stumbled 6 points to 2422.

On Wednesday, the major indices spent nearly all day in negative territory, pounded by somewhat discouraging retail sales data and an uptick in crude-oil prices. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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